Taiwan Semiconductor Manufacturing
TSMQ1 2025(TSM Q4 FY2024)Derived16% AI
AI Revenue %
16%
AI Fair Value
$164.5B
AI Revenue (Q)
$4.3B
Total Revenue (Q)
$26.7B
Analysis
Q4 2024 (Oct-Dec): HPC = 53% of NT$868.5B revenue. Blackwell GPUs ramping. Full year 2024 AI accelerator revenue = 'close to mid-teens percent' per C.C. Wei (Q4 2024 earnings call). Full year weighted average: (9.2*593 + 12.5*674 + 14.3*760 + 16.0*868) / (593+674+760+868) = ~13.3%, consistent with 'close to mid-teens.' AI share of HPC ~30%. Math: 0.30 * 53% ≈ 16.0%. Revenue from manifest: NT$868.46B.
Analyzed by claude-opus-4-6
Confidence Tier
DerivedCalculated from reported segments primarily serving AI